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Hardide – argues "performed well in the first half”… what about the large order delay and the balance sheet?

By Steve Moore | Wednesday 17 May 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Surface coating technology company Hardide (HDD) has announced results for its half-year ended 31st March 2023, emphasising that it “performed well in the first half, with revenues up 9% from H1 FY22 and 22% higher than H2 FY22… expects the positive sales growth to continue”. So what of a share price currently up to 14p in response?
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